Highlights

Lots of exposure in high traffic area

Great for owner/user business

Low maintenance

Easy to manage

Existing Spray Booth with permit

Part of refurbishment project

Description

Discount Auto Service - This is a leasehold interest offered for sale and is subject to a 17 year remaining lease term. The annual ground rent is $54,636 and is adjusted every three years by the C.P.I. index. The property consists of six units with 9 bays, spray booth, and a 120 gallon compressor. The property is fully occupied and the tenants do a variety of auto machanic work and have one to two year remainin leases.

Discount Auto Service is included in the Reseda Commercial Facade Project of the CRA/LA and has been approve to undergo a Facade refurbishment very soon. It is located near a very busy intersection, two doors North of Sherman Way on Reseda Boulvard, in Reseda. It has great exposure and benefits from heavy traffic in the area ranging from over 15,400-17,300 in that intersection daily.

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